资产重组对家族企业治理结构的影响1（国外英文资料）.docVIP

资产重组对家族企业治理结构的影响1（国外英文资料） There are various forms and categories of assets reorganization, each of which is the choice and reference of the family enterprise assets reorganization. So complicated in the theoretical circle summarized form, we simplify the summary of the three types to analyze the assets reorganization on the impact of family corporate governance structure: one is the internal restructuring, the second, mergers and acquisitions, three is a back-door listing. Because, singling out rigorous argumentation, we think the assets reorganization no matter from the Angle of the passive or from the perspective of active, can be divided into external and internal (or endogenous) restructuring (exogenous) restructuring good basic form. External restructuring, mergers and acquisitions as the main way, and various forms of restructuring, in addition to free of charge transfer and injection of equity and assets, any form of asset restructuring the presence of all without exception in mergers and acquisitions (i.e., a consideration of pay) the basic form. Although strictly speaking, the purchase of shell is also a kind of enterprise acquisition, but because it has obvious special meaning, we decide to study separately. First, internal reorganization The reorganization of family enterprises is of great significance to the strategic adjustment of our enterprises. On the macro level, the restructuring is also very practical for adjusting the industrial structure of the region and industry. From the enterprises own view, the family enterprise wants to develop, must go up scale and the enterprise system, the governance structure innovates the road. To expand enterprise scale, inevitably have to be a certain amount of mergers and acquisitions both inside and outside the industry, and for a successful enterprise of foreign mergers and acquisitions, has no internal integration of assets is impossible of achievement. The need for internal restructuring (1) the internal restru